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  • Replies: 1,764
  • Topics: 216
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  • Re: So, is Factom just a defacto scam now?

    @clawdiuz So.... day five now. Did this conversation conclude elsewhere?

    not to my knowledge

  • Re: Upcoming Bitcoin Hard Fork & /r/bitcoin censorship

    @ivanb

    @omniedge

    Thanks for your time Adam but I do hope LTB and your other services don''t switch to soon to XT. By switching to XT, LTB is casting a vote in favour of that contentious fork. A super majority of 75% of full nodes is only required. Take your time and when it becomes clearer then you can easily make that switch if needed. That action is more powerful than all the words. I personally care more about Bitcoin the system than bitcoin the unit of measurement.

    Happy to have Adam respond, but a point of clarity - it's a 75% supermajority of mining power, not nodes. Nothing happens unless > 750 / 1000 blocks mined in January of 2016 are marked with the XT / BIP 101 block version.

    Good clarification - LTB / Tokenly run no miners, just full nodes so while our switching can be viewed as support I think it really is better characterized as very minor risk mitigation.

  • Re: Upcoming Bitcoin Hard Fork & /r/bitcoin censorship

    Thanks for your time Adam but I do hope LTB and your other services don''t switch to soon to XT. By switching to XT, LTB is casting a vote in favour of that contentious fork. A super majority of 75% of full nodes is only required. Take your time and when it becomes clearer then you can easily make that switch if needed. That action is more powerful than all the words. I personally care more about Bitcoin the system than bitcoin the unit of measurement.

    The point is it's a symbolic vote until January, you do understand that even if 100% of blocks are voting for XT there will still be no switch to XT until january? So the bitcoin core developers have quite some time to work this out and give us an upgraded version of core including bip101 or whatever the solution winds up being.

    I don't understand your concern about this, it's just not that big of a deal.

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